How to Strategically Enhance Your Treasury Management Department to Increase Deposits and Fee Income (ICBA LIVE Learning Lab)

Community Banks nationwide are struggling to retain and attract new core deposits. Treasury Management business customers are one of the best sources of core deposits. Additionally, if community banks don’t get up to speed and offer the suite of TM services that businesses expect, they will not be able to retain nor acquire new business customers and thus their deposits.

This educational program is designed to help community banks enhance their competitive edge and relevance in the market. By offering a comprehensive suite of Treasury Management (TM) services, banks can attract new core deposits, increase non-interest fee income, and retain existing business customers. To support this level of growth, your bank needs a strong infrastructure to sell, implement the right services, and support your business customers. The learning lab emphasizes the importance of leadership support, the right dedicated staff, and effective systems, processes, and providers. It outlines a strategic vision for TM starting with the implementation of a strong infrastructure.

The program also covers the ideal process to develop or enhance your TM department, from obtaining Board and leadership support to implementing the plan and training the entire team. By understanding key systems, partnering with the right TM service providers, and understanding the risks involved, banks can achieve measurable results and effectively support their TM business customers.

Key Learning Takeaways:

1. Learn why it is crucial for community banks to offer a comprehensive suite of Treasury Management (TM) services and develop a strategic vision for your TM department.
2. Understand the essential components to develop or enhance your TM department and learn the ideal process to achieve your desired deposit growth and fee income results.
3. Understand the importance of integrating key systems and partnering with the right TM service providers to ensure seamless operations.

For more information and to register, click here.